The US dollar fell against most major rivals on Monday after the wave of optimism following the US payrolls report dissipated, replaced by caution ahead of the US-China London trade talks today. The talks come at a sensitive time for both economies, with China facing recession pressures, while US consumption and trade suffer from trade uncertainty, forcing investors reconsider the...

The Japanese yen rose in Asian trade on Monday against a basket of major rivals, recovering from a week low against the dollar on haven demand ahead of a new round of trade talks between the US and China. Recent Tokyo data showed the Japanese GDP grew better than expected in the first quarter of the year, bolstering the odds...

The euro rose in European trade on Monday against a basket of major rivals, resuming gains against the dollar and moving once more towards a six-week high as the odds of an ECB rate cut in July receded. The gains come after the Trump-Xi phone call last week, with both sides agreeing to resume trade talks in London later today....

The yen rose against most major rivals on Monday following a batch of positive data. Japans GDP was unchanged in the first quarter, beating estimates of a 0.2% contraction. Lending by Japanese banks rose 2.4% last month, slightly above estimates. On trading, the dollar fell 0.2% against the yen as of 20:23 GMT to 144.5. Aussie The Australian dollar rose...

MUMBAI, March 22 (Reuters) - STOCKS: The benchmark BSE Sensex rose 190.75 points, or 0.26%, to 72,831.94, while the broader NSE index gained 66.1 points, or 0.30%, to 22,078.05, as IT sector bellwether Accenture's revenue warning offset optimism around U.S. Federal Reserve rate cuts. RUPEE: The Indian rupee weakened 0.33% versus the U.S. dollar, and quoted at 83.43 per dollar,...

08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...

The Nasdaq 100 closed higher by around 80 points on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...

(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...

Ferrari N.V. saw a remarkable surge in sales in Taiwan, outpacing China and Hong Kong, thanks to the flourishing wealth of the country’s chip entrepreneurs and the diversification of global supply chains. What Happened: Ferrari’s sales in Taiwan have doubled over the past four years, largely due to the increasing wealth of the country’s chip industry leaders and the shift...

BEIJING, March 25 (Reuters) - An app of Xiaomi's ( XIACF ) car has been launched on Apple's ( AAPL ) App Store in China- Reuters checks showed on Monday. The Chinese smartphone maker's first electric vehicle SU7 will be officially unveiled at 7 p.m. (1100 GMT) on Thursday, Xiaomi ( XIACF ) founder Lei Jun said on Weibo earlier...

Larian Studios will not produce any downloadable content (DLC), expansions, or sequels for the acclaimed RPG. That's according to Larian's Swen Vincke, director of Baldur's Gate 3. Despite winning another Game of the Year award, Vincke disclosed to IGN at the Game Developers Conference (GDC) 2024,that although Larian initially began work on DLC and contemplated Baldur's Gate 4, they ultimately...

Deep-pocketed investors have adopted a bearish approach towards T-Mobile US ( TMUS ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TMUS usually suggests something big is about to happen. We gleaned this information...

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

Ticket-seller SeatGeek, Inc. has added banks Citigroup Inc. ( C ) and Wells Fargo & Co. ( WFC ) to the lineup for its planned initial public offering (IPO) led by Morgan Stanley. The Details:  According to a Bloomberg report, SeatGeek is targeting a valuation in an IPO that is greater than the $1.35 billion figure it agreed to in...

02:21 PM EDT, 06/05/2024 (MT Newswires) -- Michael Hsing, Director, CEO, on June 03, 2024, sold 8,000 shares in Monolithic Power Systems ( MPWR ) for $5,848,606. Following the Form 4 filing with the SEC, Hsing has control over a total of 1,026,273 shares of the company, with 880,408 shares held directly and 145,865 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1280452/000121465924010598/xslF345X03/marketforms-66171.xml Price:...

02:20 PM EDT, 06/05/2024 (MT Newswires) -- Williams (WMB) said Wednesday it won a permanent court injunction to halt Energy Transfer (ET) from interfering in a pipeline project in Louisiana. The court win in Louisiana's 36th Judicial District Court in Beauregard Parish covers all seven of the proposed crossings under the Louisiana Energy Gateway pipeline, a Williams spokesperson said in...

02:27 PM EDT, 06/05/2024 (MT Newswires) -- Lazard ( LAZ ) appointed Adam Taetle as head of its global consumer, retail and leisure business, Bloomberg reported Wednesday, citing people familiar with the matter. Taetle was a senior managing director at Evercore ( EVR ) , and will join Lazard ( LAZ ) after a standard period of leave, Bloomberg added....

Bitcoin infrastructure provider Blockstream has officially announced the launch date for its highly anticipated institutional-grade Bitcoin investment funds. Set to go live on April 1st, the funds will introduce new Bitcoin-backed lending and investment solutions, with external capital acceptance beginning on July 1. The crypto lending industry faced significant turmoil following the collapse of FTX, which led to a wave...

El Salvadors President Nayib Bukele has doubled down on his pro-Bitcoin stance while simultaneously pushing back against the International Monetary Fund (IMF) despite a recent loan agreement that included terms to curtail the countrys BTC-related activities. In a strongly worded post on X, Bukele dismissed the notion that El Salvador would halt its Bitcoin acquisitions and countered ongoing speculation that...

In the latest pro-crypto pivot in the US, the Senate has quashed a rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.” The rule required decentralized finance platforms to report detailed information on customers to the IRS, starting for tax year 2027. It was aimed at improving...

Ethereum continues to face tough times in this bull cycle, underperforming other alternative coins despite its position as the second-largest cryptocurrency. While the broader crypto market is struggling currently, ether (ETH) appears to be getting hit the hardest compared to its rivals, as seen in the assets on-chain metrics. The latest data analyzed by the market intelligence platform CryptoQuant has...